Mitek Net Tangible Assets from 2010 to 2026

MKQ Stock  EUR 11.29  1.98  21.27%   
Mitek Systems' Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 68.8 M. Net Tangible Assets is the total assets of Mitek Systems minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
116.2 M
Current Value
68.8 M
Quarterly Volatility
25.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek Systems' main balance sheet or income statement drivers, such as Tax Provision of 3.4 M, Interest Expense of 11.8 M or Selling General Administrative of 66.7 M, as well as many indicators such as . Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
This module can also supplement various Mitek Systems Technical models . Check out the analysis of Mitek Systems Correlation against competitors.
For more detail on how to invest in Mitek Stock please use our How to Invest in Mitek Systems guide.
The Net Tangible Assets trend for Mitek Systems offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Mitek Systems is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Mitek Systems' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Mitek Systems over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Mitek Systems' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Mitek Net Tangible Assets Regression Statistics

Arithmetic Mean72,837,828
Geometric Mean68,475,937
Coefficient Of Variation34.93
Mean Deviation22,184,730
Median56,097,000
Standard Deviation25,439,310
Sample Variance647.2T
Range88.1M
R-Value0.71
Mean Square Error337.6T
R-Squared0.51
Significance0
Slope3,601,168
Total Sum of Squares10354.5T

Mitek Net Tangible Assets History

202668.8 M
2025116.2 M
2020101 M
201977.3 M
201850.3 M
201728 M

About Mitek Systems Financial Statements

Mitek Systems stakeholders use historical fundamental indicators, such as Mitek Systems' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Mitek Systems investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mitek Systems' assets and liabilities are reflected in the revenues and expenses on Mitek Systems' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mitek Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets116.2 M68.8 M

Currently Active Assets on Macroaxis

When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out the analysis of Mitek Systems Correlation against competitors.
For more detail on how to invest in Mitek Stock please use our How to Invest in Mitek Systems guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Understanding that Mitek Systems' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mitek Systems represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Mitek Systems' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.